Alongside the thematic that earnings were better than feared, it appears that the outlook for dividends has potentially seen a bottom – at least for now.
Andrew Zenonos is an implementation portfolio manager on Russell Investments’ Equities team, working across Australian and Asia Pacific ex-Japan funds. In this role, Andrew is involved in all aspects of portfolio management, including strategic design and portfolio construction as well as dynamic management of the funds. Andrew is based in Sydney. Prior to joining Russell Investments in September 2012, Andrew worked for Wilson HTM, a broking and wealth management firm. Andrew is a CFA charterholder and is a member of the CFA Society of Sydney.